<p>I just received our W-2 Wage and Tax Statement for 2012. I noticed quite a big amount in box12a with the letters DD under it. Apparently, this is the cost of coverage for employee sponsored group health plan.</p>
<p>I already submitted the css and Fafsa. Is this amount supposed to be reported anywhere on the CSS Profile or FAFSA? And will this amount affect our financial aid in any way?</p>
<p>The DD code is new and is part of the Affordable Care Act. The amount isn’t considered income or taxable, at least not yet and doesn’t have to be reported on fafsa or profile.</p>
<p>DD is the amount of your employee benefits that are considered reportable under PPACA. If it’s a large amount, thank your company for paying that money toward your health care!</p>